Aerial view of Park Plaza

Park Plaza
Homes for Sale in Miami-Dade County, FL

Miami-Dade County
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Built fromLive MIAMI MLS dataUpdated twice daily
Live · Park Plaza Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 22, 2026

Park Plaza is pricing at a median of $2,391,000, with a per-square-foot figure just over $1,057 — a level that puts every listing here in a narrow, condition-sensitive tier of the Miami-Dade market. The year-over-year change of 33.7% is steep, but with only 5 closings in the current window, that number reflects a handful of transactions, not a broad trend line. Treat it as directional, not definitive.

A median days-on-market of 124 tells the real story: this is not a market where pricing gets tested and corrected quickly. Sellers who price to the recent comps can wait months for the right buyer to surface. For buyers, that same patience is leverage — a market heat score of 52 signals balanced footing, not a bidding-war environment, and there is room to negotiate on terms and timeline rather than just price.

Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside PARK PLAZA right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

770 Lake Rd
$28.75M · 0.1 mi away
6 bd · 7 ba · 5,421 sqft
770 Lake Rd
Listed by EXP Realty LLC
4700 Lake Rd
$11.80M · 0.1 mi away
7 bd · 7 ba · 5,248 sqft
4700 Lake Rd
Listed by Coldwell Banker Realty
5261 NE 5th Ave
$5.75M · 0.1 mi away
5 bd · 6 ba · 4,142 sqft
5261 NE 5th Ave
Listed by Douglas Elliman
451 NE 52nd St
$7.20M · 0.2 mi away
6 bd · 6 ba · 5,034 sqft
451 NE 52nd St
Listed by Coldwell Banker Realty
460 NE 50th Ter
$4.50M · 0.2 mi away
4 bd · 5 ba · 3,033 sqft
460 NE 50th Ter
Listed by Fortune International Realty
680 Buttonwood Ln
$10.80M · 0.2 mi away
5 bd · 6 ba · 3,645 sqft
680 Buttonwood Ln
Listed by Coldwell Banker Realty

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Park Plaza sits at the upper end of the Miami-Dade per-square-foot spectrum, a pricing tier where small sample sizes and slower absorption are the norm rather than a red flag.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers targeting the upper end of Miami-Dade's per-square-foot range who can move deliberately rather than urgently
  • Sellers with a well-maintained, well-priced unit willing to wait out the 124-day median timeline for the right offer
  • Buyers comfortable making decisions with a thinner data set and doing extra diligence on comparable sales

Probably not for

  • Buyers who need a fast closing timeline in a market where median days-on-market runs over four months
  • Sellers expecting the 33.7% year-over-year figure to guarantee a similar gain on their own unit
  • Buyers who prefer decisions backed by a high volume of recent comparable closings

The market around Park Plaza

Park Plaza is too small for its own price trend, so here is the market around it.

Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).

ZIP and county figures describe the wider market, not Park Plaza specifically. Momentum Research analysis of MLS records.

If we were buying in Park Plaza today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Park Plaza.

Best Buy
Buyers and sellers operating at the higher end of Miami-Dade's per-square-foot spectrum who are comfortable with a slower, more deliberate sales process.
Biggest Risk
With only 5 closings in the current window, the median price and year-over-year figures can shift quickly as new data comes in.
Sweet Spot
Well-priced, well-presented units that match recent comps tend to find buyers without needing steep reductions.
Avoid If
You need a fast close or a market with deep, liquid comps to lean on for pricing confidence.

Reading a thin, high-dollar market

With only 5 closings feeding the current data window, Park Plaza's numbers move differently than a high-volume community. A single luxury unit selling above or below the norm can swing the median and the year-over-year figure meaningfully. That is not a flaw in the data — it is simply what happens at this price point, where transaction counts are naturally lower and each sale carries more statistical weight.

The 124-day median days-on-market is the number that deserves the most attention. It suggests that pricing precision matters more here than urgency. Overpriced listings do not get bid up or corrected fast; they sit. A market heat score of 52 backs that up — this is neither a seller's sprint nor a buyer's flood, but a market where well-prepared offers on well-priced units are what move.

“

The location and the amenities are priced into every listing in Park Plaza. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community with this few closings and this much price sensitivity, generic comps do not hold up — we track the specific units, pricing history, and days-on-market patterns behind Park Plaza's numbers so you are negotiating from data, not averages.

Park Plaza in 15 seconds.

Best forBuyers and sellers operating at the higher end of Miami-Dade's per-square-foot spectrum who are comfortable with a slower, more deliberate sales process.
Biggest advantageThe 124-day median days-on-market gives buyers real room to negotiate rather than compete on speed.
Biggest riskWith only 5 closings in the current window, the median price and year-over-year figures can shift quickly as new data comes in.
Sweet spotWell-priced, well-presented units that match recent comps tend to find buyers without needing steep reductions.
Avoid ifYou need a fast close or a market with deep, liquid comps to lean on for pricing confidence.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Park Plaza sales matched to your home.

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Real comps, not an automated estimate.
Buyers targeting the upper end of Miami-Dade's per-square-foot range who can move deliberately rather than urgentlyExcellent fit
Sellers with a well-maintained, well-priced unit willing to wait out the 124-day median timeline for the right offerExcellent fit
Buyers comfortable making decisions with a thinner data set and doing extra diligence on comparable salesExcellent fit
Buyers who need a fast closing timeline in a market where median days-on-market runs over four monthsProbably not
Sellers expecting the 33.7% year-over-year figure to guarantee a similar gain on their own unitProbably not
Buyers who prefer decisions backed by a high volume of recent comparable closingsProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: October 15, 2026)
Under-contract sharesMIAMI MLS records, as of 2026-11-10

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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